Hungary company setup costs in Year 1 will amount to €3,630 and annual company costs in Year 2 and thereafter will amount to €0. The average fee per engagement amounts to €9,990 including business incorporation, bank account setup, legal registered office and all government registration fees.

Different Hungary entity typesCostDraft Invoice
Stock company€8,990
Representative office€8,860

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The average of company registration period in Hungary is 9 weeks as outlined below:

1.Engagement planning1 week
2.Company incorporation period2 weeks
3.Corporate bank account approval3 weeks
4.Corporate internet banking approval2 weeks
5.Engagement completion1 week
Total engagement period9 weeks

hungary business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Hungary, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar